11 iulie 2018

Japan snubs homegrown weaponry to buy from the US


While there's little prospect that Japanese consumers will ever buy enough American cars to please Donald Trump, the Abe government's record spending on defense is shaping up as a bright spot in bilateral trade for the U.S. president. Japan's purchases through the U.S. Foreign Military Sales program represent 16 percent of all non-personnel costs for the nation's self defense forces so far this year, more than double the level in 2014, according to calculations by Bloomberg based on government [...]